Ulster Business

| 4.7°C Belfast

Co Down construction giant Graham see sales rise to £853m

 

Close

Michael Graham

Michael Graham

Michael Graham

Co Down construction giant Graham has seen sales surge to more than £850m, it has emerged.

The firm, which is based in Hillsborough and carries out much of its work in GB, saw turnover rising by 16% to £835m for the year ending March 2020.

The has also posted an £11.3m profit before tax, which is a 38% rise on 2019.

The company operates a range of divisions here, including civil engineering, construction, fit-out and facilities management.

 

“It has been a particularly challenging year given the unprecedented uncertainty arising from Covid-19 and Brexit,” Graham Group executive chairman, Michael Graham, said.

“Market conditions are also extremely competitive. Against this backdrop, it has been particularly satisfying to record a rise in revenue to £853.3m and a profit before tax figure of £11.3m in our latest accounts.

“This is only possible because of the hard work and dedication of our teams. So too, our divisional strength, sectoral expertise and regional presence provide a well-balanced service offering. Undoubtedly, difficult challenges remain on the horizon, but this solid financial platform positions us well to look forward with confidence.”

Moving into 2021, Graham has a record order book and a healthy £1.8bn pipeline of opportunity.

“Notable projects include the construction of the Baird Family Hospital and the Anchor Centre (£161m) in Aberdeen, the continued development of student accommodation at the University of York (£140m), and the design and build of phase one of Eton College’s new indoor sports facilities,” the firm said.

Ulster Business


Privacy